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FRANKLIN ELECTRIC CO INC (FELE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Net sales  1,894.21,780.41,661.91,550.41,442.61,313.61,247.41,246.4
            Net sales growth  31.3%35.5%33.2%24.4%16.0%1.8%-5.1%-4.9%
Cost of sales  1,251.21,174.41,085.81,008.1939.1855.3814.2823.3
    Gross profit  642.9605.9576.1542.3503.5458.4433.1423.0
            Gross margin  33.9%34.0%34.7%35.0%34.9%34.9%34.7%33.9%
Selling, general, and administrative expenses  417.2409.3386.3365.2334.3306.1300.1295.3
Restructuring expense  1.01.20.60.71.11.82.53.0
    Operating income  224.7195.3189.2176.4168.1150.5130.5124.7
            Operating margin  11.9%11.0%11.4%11.4%11.7%11.5%10.5%10.0%
Interest expense  -7.2-5.6-5.2-5.0-4.7-4.5-4.6-5.1
Other income/(expense), net  7.07.78.01.8-0.7-0.7-0.8-1.2
Foreign exchange income/(expense)  -1.9-2.8-2.3-3.0-2.7-2.4-1.4-3.9
    Income before income taxes  222.6194.6189.7170.2160.0142.9123.7114.6
Income tax expense  45.337.734.729.326.924.422.520.5
    Net income  177.3156.9155.0141.0133.1118.5101.294.2
Less: Net loss/(income) attributable to noncontrolling interests  -1.4-1.2-1.1-1.0-0.9-0.8-0.7-0.7
    Net income attributable to Franklin Electric Co., Inc.  176.0155.7153.9140.0132.2117.7100.593.4
   
Earnings per share:          
Basic  $3.76$3.33$3.29$3.01$2.84$2.53$2.16$2.00
Diluted  $3.72$3.29$3.25$2.97$2.81$2.50$2.14$1.99

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